Close X
Monday, November 11, 2024
ADVT 
India

Azim Premji, Nadar In Top 20 In Forbes' Tech Billionaires List

IANS, 11 Aug, 2016 11:52 AM
    Technology tycoons - Wipro Chairman Azim Premji and HCL co-founder Shiv Nadar - ranked in the top 20 in the Forbes list of 100 richest tech billionaires.
     
    According to the "100 Richest Tech Billionaires In The World 2016" list, Premji ranked 13th with a net worth of $16 billion while Nadar was at the 17th spot with $11.6 billion of net worth.
     
    Premji and Nadar are placed ahead of Google chief Eric Schmidt and Uber CEO Travis Kalanick.
     
    India has more tech billionaires than Brazil, Russia, Singapore and the UK. The Indian number equals tech billionaires in Israel, Taiwan and Australia.
     
    Thirtythree are from Asia, with China on top with 19 members. The US topped the global list with 51 members, followed by China.
     
    According to the list, 51 American tech founders and investors account for nearly two-thirds of the group's total wealth.
     
    The titans have, approximately, worth a combined $892 billion, 6 percent more than a year ago. The minimum net worth is now $2.2 billion, up from $2 billion a year ago, Forbes said.
     
    With a $78 billion estimated fortune, Microsoft founder Bill Gates is again the richest billionaire in tech, followed by Amazon founder and CEO Jeff Bezos ($66.2 billion). Facebook founder and CEO Mark Zuckerberg is ranked third.
     
    Compared to last year, 53 of the top 100 became richer while 27 got poorer. 
     
    There were 12 newcomers. The top five billionaires collectively added $36.9 billion to their fortunes over the past year, accounting for two-thirds of all gains.
     
    Two Indian-American technology tycoons - Symphony Technology Group CEO Romesh Wadhwani and founders of IT consulting and outsourcing company Syntel Bharat Desai and his wife Neerja Sethi - secured their spot in the list.

    MORE India ARTICLES

    Assamese Man Nabbed In Murder Of Kerala Dalit Woman

    Assamese Man Nabbed In Murder Of Kerala Dalit Woman
    A 23-year-old Assamese man has been arrested in the rape-murder of a Dalit woman law student in Kerala that grabbed national headlines for the sheer brutality of the April 28 crime and became a hot political issue during the state assembly elections.

    Assamese Man Nabbed In Murder Of Kerala Dalit Woman

    Kamal Nath Faces AAP Heat, Says Prepared For Any Probe

    Kamal Nath Faces AAP Heat, Says Prepared For Any Probe
    A day after he resigned as general secretary incharge of poll-bound Punjab, Congress leader Kamal Nath came under fresh attack from the Aam Aadmi Party (AAP) which demanded a probe against him for his alleged role in the 1984 anti-Sikh riots.

    Kamal Nath Faces AAP Heat, Says Prepared For Any Probe

    South African Indians Plan Grand Reception To Welcome PM Modi

    South African Indians Plan Grand Reception To Welcome PM Modi
    A cultural programme incorporating Indian and African dance and music is being planned for the event organised by SAWelcomesModi committee.

    South African Indians Plan Grand Reception To Welcome PM Modi

    Connaught Place World's 7th Costliest Office Destination

    Delhi's Connaught Place has slipped one notch to become the world's seventh most costliest office destination, according to property consultant CBRE.

    Connaught Place World's 7th Costliest Office Destination

    70-Year-Old Man Booked For Allegedly Raping Maid In Hyderabad

    70-Year-Old Man Booked For Allegedly Raping Maid In Hyderabad
    A 70-year-old retired government employee has been booked for allegedly raping the maid working at his house in Madhapur area of Hyderabad, police said today.

    70-Year-Old Man Booked For Allegedly Raping Maid In Hyderabad

    India Has Low Debt Burden, Growth Outlook Promising: HSBC

    India Has Low Debt Burden, Growth Outlook Promising: HSBC
    India with a low leverage score looks promising among emerging Asian countries, which can deliver a solid growth rate and where the potential for a significant expansion is maximum

    India Has Low Debt Burden, Growth Outlook Promising: HSBC